Park Avenue Securities LLC Purchases 4,257 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Park Avenue Securities LLC grew its position in Alerian MLP ETF (NYSEARCA:AMLPGet Rating) by 62.8% in the third quarter, Holdings Channel reports. The fund owned 11,036 shares of the exchange traded fund’s stock after acquiring an additional 4,257 shares during the quarter. Park Avenue Securities LLC’s holdings in Alerian MLP ETF were worth $403,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Founders Capital Management bought a new position in Alerian MLP ETF during the 2nd quarter worth $28,000. Ancora Advisors LLC raised its position in shares of Alerian MLP ETF by 114.3% in the 1st quarter. Ancora Advisors LLC now owns 1,200 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 640 shares in the last quarter. Better Money Decisions LLC bought a new position in shares of Alerian MLP ETF in the 2nd quarter worth about $38,000. Chilton Capital Management LLC bought a new position in shares of Alerian MLP ETF in the 2nd quarter worth about $40,000. Finally, Investors Asset Management of Georgia Inc. GA ADV bought a new position in shares of Alerian MLP ETF in the 2nd quarter worth about $48,000.

Alerian MLP ETF Price Performance

AMLP stock opened at $40.03 on Friday. The stock has a 50-day moving average price of $39.00 and a 200-day moving average price of $38.81. Alerian MLP ETF has a 1-year low of $32.25 and a 1-year high of $42.47.

About Alerian MLP ETF

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ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class.

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Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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